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LMOPX Miller Opportunity C

  • Fund
  • LMOPX
  • Price as of: Mar 28, 2017
  • $19.02
  • + $0.31
  • + 1.66%
  • Category
  • Mid Cap Value Equities

LMOPX - Profile

Vitals

  • YTD Return 5.4%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 17.7%
  • Net Assets $1.39 B
  • Holdings in Top 10 42.3%

52 WEEK LOW AND HIGH

$19.02
$13.38
$20.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.09%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Mid Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Blend

Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 17.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.30%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Miller Opportunity Trust
  • Fund Family Name Legg Mason
  • Inception Date Dec 30, 1999
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Samantha McLemore

LMOPX - Performance

Return Ranking - Trailing

Period LMOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.4% -16.3% 20.9% 8.31% 1
1 Yr 30.4% -33.1% 42.2% 45.73% 3
3 Yr 4.4% * -9.7% 13.3% 90.26% 5
5 Yr 17.7% * -4.5% 19.0% 1.36% 1
10 Yr 2.2% * -1.2% 10.8% 97.52% 5

* Annualized


Return Ranking - Calendar

Period LMOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.0% -22.1% 28.0% 86.55% 5
2015 -0.2% -30.9% 5.2% 3.33% 1
2014 10.0% -18.7% 36.2% 7.28% 1
2013 65.9% -39.7% 66.3% 0.87% 1
2012 39.6% -8.2% 41.2% 1.50% 1

Total Return Ranking - Trailing

Period LMOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.4% -16.3% 18.7% 8.15% 1
1 Yr 29.4% -28.1% 97.8% 43.13% 3
3 Yr 4.4% * -8.5% 13.3% 90.00% 5
5 Yr 17.7% * -5.6% 19.0% 1.91% 1
10 Yr 2.2% * -1.2% 13.8% 98.45% 5

* Annualized


Total Return Ranking - Calendar

Period LMOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.0% -22.1% 28.0% 89.24% 5
2015 -0.2% -26.7% 9.6% 11.03% 1
2014 10.0% -12.4% 25.7% 58.26% 3
2013 67.1% 0.0% 165.8% 14.83% 1
2012 40.0% -6.0% 258.2% 17.12% 1

NAV & Total Return History

LMOPX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

LMOPX Category Low Category High LMOPX % Rank Quintile
Net Assets 1.39 B 313 K 39 B 7.78% 2
Number of Holdings 37 23 2595 20.05% 5
Net Assets in Top 10 608 M 105 K 9.06 B 5.90% 2
Weighting of Top 10 42.3% 6.4% 75.1% 2.36% 1

Top 10 Holdings

  1. Delta Air Lines Inc 4.79%
  2. Intrexon Corp 3.89%
  3. Apple Inc Jan18 100 Call 3.90%
  4. OneMain Holdings Inc 3.85%
  5. United Continental Holdings Inc 4.81%
  6. American Airlines Group Inc 4.71%
  7. Bank of America Corporation 4.15%
  8. MGIC Investment Corp 4.11%
  9. Amazon.com Inc 4.10%
  10. Jpmorgan Chase ([Wts/Rts]) 4.00%

Asset Allocation

Weighting Category Low Category High LMOPX % Rank Quintile
Stocks
98.77% 34.84% 100.16% 7.78% 2
Other
1.08% -5.25% 8.45% 3.30% 1
Cash
0.15% -0.31% 44.17% 25.94% 5
Preferred Stocks
0.00% 0.00% 26.43% 3.54% 3
Convertible Bonds
0.00% 0.00% 2.17% 2.59% 3
Bonds
0.00% -0.05% 19.47% 4.72% 3

Stock Sector Breakdown

Weighting Category Low Category High LMOPX % Rank Quintile
Financial Services
26.83% 0.00% 38.21% 3.30% 1
Consumer Cyclical
26.24% 0.00% 31.91% 0.94% 1
Healthcare
15.60% 0.00% 25.03% 0.94% 1
Industrials
14.31% 0.00% 38.57% 11.79% 2
Technology
6.39% 0.00% 32.06% 25.47% 5
Basic Materials
3.68% 0.00% 18.04% 21.23% 4
Utilities
0.00% 0.00% 13.16% 25.47% 5
Real Estate
0.00% 0.00% 43.87% 28.30% 5
Energy
0.00% 0.00% 37.42% 29.95% 5
Communication Services
0.00% 0.00% 8.86% 16.04% 4
Consumer Defense
0.00% 0.00% 17.10% 28.54% 5

Stock Geographic Breakdown

Weighting Category Low Category High LMOPX % Rank Quintile
US
93.70% 29.08% 99.68% 15.80% 3
Non US
5.07% 0.00% 36.56% 8.25% 2

LMOPX - Expenses

Operational Fees

LMOPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.09% 0.07% 19.64% 9.91% 5
Management Fee 0.76% 0.05% 1.26% 4.48% 4
12b-1 Fee 1.00% 0.00% 1.00% 0.35% 5
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

LMOPX Fees (% of AUM) Category Low Category High LMOPX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 5.00% 2

Trading Fees

LMOPX Fees (% of AUM) Category Low Category High LMOPX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LMOPX Fees (% of AUM) Category Low Category High LMOPX Rank Quintile
Turnover 85.00% 6.63% 493.00% 5.90% 5

LMOPX - Distributions

Dividend Yield Analysis

LMOPX Category Low Category High LMOPX % Rank Quintile
Dividend Yield N/A 0.00% 2.23% N/A N/A

Dividend Distribution Analysis

LMOPX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

LMOPX Category Low Category High LMOPX % Rank Quintile
Net Income Ratio -1.30% -4.56% 7.52% 48.58% 5

Capital Gain Distribution Analysis

LMOPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

LMOPX - Managers

Samantha McLemore

Manager

Start Date

Aug 19, 2008

Tenure

8.53

Tenure Rank

6.6%

McLemore is a portfolio manager of Legg Mason Capital Management, Inc. She has been an analyst on LMCM's research team since 2002.


Bill Miller

Manager

Start Date

Dec 30, 1999

Tenure

17.18

Tenure Rank

1.6%

Bill Miller is the Chairman and Chief Investment Officer of Legg Mason Capital Management.  He also currently serves as the co-portfolio manager for the Value Trust and portfolio manager for the Opportunity Trust mutual funds.  Mr. Miller assumed overall responsibility for the equity funds management area of Legg Mason in late 1990.  Prior to this time, he co-managed (with Ernie Kiehne) the Legg Mason Capital Management Value Trust from its inception in 1982.  He was the director of research of Legg Mason from October 1981 through June 1985.


Tenure Analysis

Category Low

0.0

Category High

28.5

Category Average

7.08

Category Mode

2.2